India: Nuvoco delivers strong Q1FY27 performance on higher volumes and expansion

Nuvoco Vistas reported cement sales of 5.3 mnt in Q1FY27, up 5% y-o-y, while EBITDA rose 7% to INR 572 crore, its highest-ever first-quarter EBITDA. The company also commissioned its 2 mnt/year Limla grinding unit, progressed the Kutch project, and commenced the Viramgam bulk terminal, reinforcing its expansion roadmap towards 35 mnt/year cement capacity by FY28 and strengthening its western India presence.